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Author Topic: Are there any reliable binary options sites these days?  (Read 219 times)
alani123 (OP)
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February 11, 2024, 11:38:53 PM
 #1

I remember some years ago there were many sites to play binary options at.
These days I'm not seeing any major one being advertised. Maybe they were not so profitable for the house? Too predictable? Who knows.
Many sites that run with FIAT money still seem to support binary options though.

I tried to search to see if there's any ads here in bitcointalk to find a site I can trust but was unable to find any. So did crypto binary options just disappear? I sure hope not. If you know any reputable sites that offer binary options gambling please let me know.

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February 11, 2024, 11:42:29 PM
 #2

I remember some years ago there were many sites to play binary options at.
These days I'm not seeing any major one being advertised. Maybe they were not so profitable for the house? Too predictable? Who knows.
Many sites that run with FIAT money still seem to support binary options though.

I tried to search to see if there's any ads here in bitcointalk to find a site I can trust but was unable to find any. So did crypto binary options just disappear? I sure hope not. If you know any reputable sites that offer binary options gambling please let me know.
https://rollbit.com/trade

You could really be able to put up bets which way crypto prices would go on which it isnt really just that limited to Bitcoin alone but tons of coins that you could choose upon.
The thing i dont like with binary options is that you cant really be able to apply any technical analysis through it on which it would really be that based up with pure prediction
and guess right away but well it isnt considering to be put up on a gambling site if it wasnt been that risky. lol

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February 11, 2024, 11:49:20 PM
 #3

He should be able to see that also on bc.game https://bc.game/trading/up-down

The thing i dont like with binary options is that you cant really be able to apply any technical analysis through it on which it would really be that based up with pure prediction
Can you define what gambling is? This is not under trading discussion but gambling discussion.

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February 12, 2024, 06:01:11 AM
 #4

Binary options faced regulatory challenges, leading to closures. To stay safe in crypto maybe try to use reputable exchanges offering regulated options and prioritize reliability and user reviews for a secure trading experience

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February 12, 2024, 06:45:07 AM
 #5

He should be able to see that also on bc.game https://bc.game/trading/up-down

The thing i dont like with binary options is that you cant really be able to apply any technical analysis through it on which it would really be that based up with pure prediction
Can you define what gambling is? This is not under trading discussion but gambling discussion.
You are still risking but applying trading when you do deal up with binary. Tell me, how you would really be able to pick whether you would really be putting your bet on up or down?
Are you gonna do this blindly or pure picking or you would really be tending to see some charts and making some analysis into it?
We can really say that binary options could be considered gambling basing up on the short duration but we cant really deny the fact that we are also dealing
with trading on which we can make some checking about some candle stick patterns or simply would be able to apply some analysis when making a pick.

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February 12, 2024, 07:50:32 AM
 #6

You are still risking but applying trading when you do deal up with binary. Tell me, how you would really be able to pick whether you would really be putting your bet on up or down?
Are you gonna do this blindly or pure picking or you would really be tending to see some charts and making some analysis into it?
We can really say that binary options could be considered gambling basing up on the short duration but we cant really deny the fact that we are also dealing
with trading on which we can make some checking about some candle stick patterns or simply would be able to apply some analysis when making a pick.
Binary option is not trading, it is more about guess work which is to guess if the price of something like bitcoin will be greater or lower than the price that you have your prediction. If a trader wants to trade, he can go for spot or the risky future trading and not binary option. Binary options should be for just gamblers. Like I said, this is gambling discussion, you can see binary option as roulette, blackjack, baccarat and other casino games and nothing more than that.

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February 12, 2024, 08:44:25 AM
 #7

---
Binary option is not trading, it is more about guess work which is to guess if the price of something like bitcoin will be greater or lower than the price that you have your prediction. If a trader wants to trade, he can go for spot or the risky future trading and not binary option. Binary options should be for just gamblers. Like I said, this is gambling discussion, you can see binary option as roulette, blackjack, baccarat and other casino games and nothing more than that.
Yes, its is mostly on gambling but you can see binary options on those trading platforms

IQoption
Tradersway

These are platforms which are actually trading ones but neither on forex markets and made out some options
The difference you could see on gambling sites that they do have that x100-x1000 multipliers on which
these things you cant see on legit binary options site.

Let me ask you this. How you would be guessing your binary options choices in a gambling site? For sure you would be checking
out those charts first. Yes, you do have the point that if someone do like to trade then they would be doing futures instead but it is really
that impossible that you wont really be peeking up into those candle stick patterns before you would be making a choice.

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February 12, 2024, 09:02:26 AM
 #8

I remember some years ago there were many sites to play binary options at.
These days I'm not seeing any major one being advertised. Maybe they were not so profitable for the house? Too predictable? Who knows.
Many sites that run with FIAT money still seem to support binary options though.

I tried to search to see if there's any ads here in bitcointalk to find a site I can trust but was unable to find any. So did crypto binary options just disappear? I sure hope not. If you know any reputable sites that offer binary options gambling please let me know.
There are still reliable crypto Binary option sites that exist of today, Pocket option, olymptrade ,and IQ option is still in business, but I believe people are gradually moving away from doing business with them due to the fact that most of them are facing government ban or restrictions to operate in certain countries and secondly, I kind of think Binary option is not that profitable because my experience with it was an ugly one, I lost huge amount of money back days and coupled with the fact that people are now more interested in dealing with Cryptocurrency lately.

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February 12, 2024, 10:30:56 AM
 #9


The thing i dont like with binary options is that you cant really be able to apply any technical analysis through it on which it would really be that based up with pure prediction


Why not? You can add your technical analysis indicators on binary. I think you have to use meta5 to be able to do that if I may think but aside from that this board is not a trading board.
I don't think I can see such options in gambling anyway, I know binary options is for those trading and maybe you can ask in the trading board perhaps they can direct you well.
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February 12, 2024, 10:54:53 AM
 #10


The thing i dont like with binary options is that you cant really be able to apply any technical analysis through it on which it would really be that based up with pure prediction


Why not? You can add your technical analysis indicators on binary. I think you have to use meta5 to be able to do that if I may think but aside from that this board is not a trading board.

It’s almost impossible now to apply TA on the current Binary trading available on casino since they often use a very short period each round that is almost impossible to predict what’s the result on that given time. Binary option is also being offered by casino not only by exchange so this fits here because this game is on the borderline of being a gambling and trading since it’s mechanics is trading but the risk involved is can be considered as gambling already.

Quote
I don't think I can see such options in gambling anyway, I know binary options is for those trading and maybe you can ask in the trading board perhaps they can direct you well.

Rollbit and Bc.game offer this feature. Also this website https://bullbear.fun/ offers this kind of game.

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February 12, 2024, 11:00:11 AM
 #11

I once played a binary option called binomo, but it turned out that binomo cheated and deceived many of its users. This case became a big scandal in my country, millions of dollars flowed to Binomo, after this case was made public, I never tried it again.

I saw that there are some gambling sites that have binary options but I'm not interested in trying them again, I think it's better to bet on popular games because it's more fun. Initially I thought binary options is a trading platform like forex but apparently I was wrong. Sorry I can't recommend anything because I haven't played binary options for a long time

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February 12, 2024, 01:34:10 PM
 #12

If someone told me to choose between binary options and playing plinko, I wouldn't hesitate in choosing to play plinko, that's because when I discovered bitcoin, I tried just binary options for 1 day and that was a big disaster, because I immediately realized that you don't make money in that. , and it is something that people will spend time trying to guess the direction of the price and they will not get it right, at the end of the day they will lose more compared to playing plinko. Sometimes when I see binary options I get the impression that everything is manipulated, I know what I'm saying seems strange because the chart of this binary options is very similar to the exchange charts, but it seems to have some delay

I only played one day and many years ago, I consider binary options as a game, a game that is not fair, but as it is just my opinion I cannot say much about it. When a person trades, they have options to place indicators such as volume and other technical indicators, they also place support and resistance and trend lines and then they watch the candles to see if there is a trend reversal signal. to buy, even if the person puts it on the 5-minute chart, it is still possible to see all of this and the person can try to predict the price movement. but on binary options websites it is very difficult to have all this and even if they do, when the person observes the movements of the candles, they are normal like on exchanges, but when the person bets that it will rise or fall within 5 minutes, it looks like that the opposite movement that the person bet on runs very quickly

for example the price of bitcoin is at $47,900 and the person bets that in the next 5 minutes the price of bitcoin will fall, then the person starts to see a rapid drop on the chart in the next 5 minutes and loses bet and money and then the speed of falling becomes normal. Maybe it's my impression as I don't even use it, but the few times I saw it, I had this impression

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February 12, 2024, 02:01:05 PM
 #13

I saw the change too, just like you. Its not just profits or predictability that are changing in online trade. As government scrutiny grew, many companies had trouble keeping up. Im still looking for a place I can trust.

You might find what you need even in places you wouldnt expect. The Binance could begin. Even though they don't advertise it, their wide range of services may be good for binary options. You should look into what they have to offer. Before you sign up, make sure you understand the rules, risks, and credibility.

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February 12, 2024, 03:06:09 PM
 #14

I saw the change too, just like you. Its not just profits or predictability that are changing in online trade. As government scrutiny grew, many companies had trouble keeping up. Im still looking for a place I can trust.

You might find what you need even in places you wouldnt expect. The Binance could begin. Even though they don't advertise it, their wide range of services may be good for binary options. You should look into what they have to offer. Before you sign up, make sure you understand the rules, risks, and credibility.

Not sure if there is binary trading in binance. But rollbit seems reputable already. And there are lots of users playing with you on that platform I can see players are active. There used to be a popular binary trading site here but it's all gone now. 

I see IQoption to be popular but because they are not advertising here, it will be risky for users where you can't complain on the thread. It's still good to see an ANN thread in the forum so that anyone here can see some warnings. That's why i there is one place to go for binary, Rollbit will be the first to start.

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February 12, 2024, 03:26:07 PM
 #15

I remember some years ago there were many sites to play binary options at.
These days I'm not seeing any major one being advertised. Maybe they were not so profitable for the house? Too predictable? Who knows.
Many sites that run with FIAT money still seem to support binary options though.

I tried to search to see if there's any ads here in bitcointalk to find a site I can trust but was unable to find any. So did crypto binary options just disappear? I sure hope not. If you know any reputable sites that offer binary options gambling please let me know.

I don't know if eToro is still alive as they supported crypto at a certain point yet I don't know if it is supported anymore as also I have not seen many ads about it while a few years ago the ads for eToro were bombarded everywhere in the net.

Now if it is not profitable for the house I doubt it very much because for the house these are very profitable,rarely I have seen people making big profit with binary options,for me is the same as gambling.

 
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February 12, 2024, 04:22:11 PM
 #16

He should be able to see that also on bc.game https://bc.game/trading/up-down

The thing i dont like with binary options is that you cant really be able to apply any technical analysis through it on which it would really be that based up with pure prediction
Can you define what gambling is? This is not under trading discussion but gambling discussion.
To me binary options are 100% gambling. Because it's not just speculation on price movements. Your profits aren't generated from a trade against someone else or the market. But just a gambling method where if you predict up or down correctly you win 1.90x of your money instantly, or around the same multiplier.

Often providers of binary options try to portray themselves as trading, but in reality it's just gambling. Much like sports, it involves some real world events. But beyong that, there's always an edge on the odds against the player and you're playing against the house.

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February 12, 2024, 04:45:41 PM
 #17

Being a speculative tool with numerous risks attached to it, binary options have been on the list of financial instruments that continue to attract heated debates. Though previously liked by traders and investors, negative press has surrounded binary options because of their speculative nature and the immense possibility of loss for market participants.
The security and protection of consumers are the reasons why numerous countries have regulated or even banned binary options. When it comes to increased awareness of the perils associated with binary options, in addition to regulatory efforts with greater strength, there is a chance that several binary options trading platforms will no longer be functional or will have reduced their operations.
Cryptocurrency binary options, a mixture of binary options and digital currency trading, also hold great risk for investors, as they may not be subject to thorough regulation compared to the classical style of binary options. Consequently, before participating in crypto binary options trading or gambling, you should conduct a lot of investigation and be very cautious about your decision.

It is my advice and opinion that binary options trading or crypto binary options trading should be avoided due to the risks associated with them. And instead, I suggest you explore other investment alternatives that are more rational, stable and sustainable.

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February 12, 2024, 04:52:18 PM
 #18

He should be able to see that also on bc.game https://bc.game/trading/up-down

The thing i dont like with binary options is that you cant really be able to apply any technical analysis through it on which it would really be that based up with pure prediction
Can you define what gambling is? This is not under trading discussion but gambling discussion.
To me binary options are 100% gambling. Because it's not just speculation on price movements. Your profits aren't generated from a trade against someone else or the market. But just a gambling method where if you predict up or down correctly you win 1.90x of your money instantly, or around the same multiplier.

Often providers of binary options try to portray themselves as trading, but in reality it's just gambling. Much like sports, it involves some real world events. But beyong that, there's always an edge on the odds against the player and you're playing against the house.

It's in the fine line I think. An experienced trader should know how to take advantage of this game but of course, he is also a trader. There have been threads about this being debated in the past. It could be considered gambling that's why Rollbit and Fortunejack have it.

I don't think you can trust some platforms that only offer binary trading, it would be safer if you are doing this in the trust casino in crypto otherwise you are risking your money for many of them are scams.


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February 13, 2024, 06:30:40 PM
 #19

For sure I'd rather trust casinos with a history with binary options over providers that are known for nothing else.
But these days I don't think there's much variety in binary options sites that are trusted.

Maybe 5 or so years ago there were more than 5 different such sites going around. Now all I can see in this thread is two suggestions and to be honest they aren't even that close to the original binary options you'd be used to if you used to play them from long ago.

Not gonna lie, these sites look good and maybe I'll try them. But in any case I'd be eager to get this thread going so we can see if there's any binary options enthusiasts here in this forum too.

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February 14, 2024, 03:16:03 PM
 #20

Binary options faced regulatory challenges, leading to closures. To stay safe in crypto maybe try to use reputable exchanges offering regulated options and prioritize reliability and user reviews for a secure trading experience
Oh really? I think that's strange since they are only a binary option anyway while there are big trading platforms and gambling sites out there. These are the ones that they should focus with. Cryptos are decentralized so he is supposed to be safer here than on non-crypto sites that offers the same function, and since binary options was still a type of trading, you might be right that it was also available inside a trading platform.

Using a reputable site is also another way to be safe, not only from the authorities but also safe from being scammed, however like normal trading and gambling, binary options has its own risks too, so one must still be careful.

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████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
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